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Global Indoor Vertical Farming System Market Research Report 2024
Synopsis
Indoor vertical farming refers to the practice of cultivating crops in vertically stacked layers or racks, typically in a controlled environment such as a building or warehouse. It is a method of agricultural production that utilizes vertical space to maximize crop yield and efficiency. The application of indoor vertical farming systems is diverse and can include the cultivation of a wide range of crops, such as leafy greens, herbs, microgreens, and even certain fruits and vegetables.
Global Indoor Vertical Farming System market is projected to reach US$ million in 2029, increasing from US$ million in 2022, with the CAGR of % during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Indoor Vertical Farming System market research.
The global indoor vertical farming system market is expected to continue its growth trajectory in the coming years. Factors such as technological advancements, increasing consumer demand for locally grown food, and the need for sustainable agricultural practices are likely to drive market expansion. However, challenges related to initial setup costs, energy consumption, and scalability may need to be addressed to ensure long-term success and widespread adoption of indoor vertical farming systems. In terms of regions, North America and Europe are the major markets.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Indoor Vertical Farming System market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
AeroFarms
Gotham Greens
Plenty
Lufa Farms
TruLeaf
Beijing IEDA Protected Horticulture
Mirai
Sky Vegetables
Metropolis Farms
Urban Crops
Plantagon
Sky Greens
SANANBIO
Jingpeng
Nongzhong Wulian
Vertical Harvest
MetroCrops
Infinite Harvest
Segment by Type
Hydroponic Systems
Aeroponic Systems
Others
Segment by Application
Agriculture
Commercial
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
The Indoor Vertical Farming System report covers below items:
Chapter 1: Product Basic Information (Definition, Type and Application)
Chapter 2: Global market size, regional market size. Market Opportunities and Challenges
Chapter 3: Companies’ Competition Patterns
Chapter 4: Product Type Analysis
Chapter 5: Product Application Analysis
Chapter 6 to 10: Country Level Value Analysis
Chapter 11: Companies’ Outline
Chapter 12: Market Conclusions
Chapter 13: Research Methodology and Data Source
Indoor vertical farming refers to the practice of cultivating crops in vertically stacked layers or racks, typically in a controlled environment such as a building or warehouse. It is a method of agricultural production that utilizes vertical space to maximize crop yield and efficiency. The application of indoor vertical farming systems is diverse and can include the cultivation of a wide range of crops, such as leafy greens, herbs, microgreens, and even certain fruits and vegetables.
Global Indoor Vertical Farming System market is projected to reach US$ million in 2029, increasing from US$ million in 2022, with the CAGR of % during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Indoor Vertical Farming System market research.
The global indoor vertical farming system market is expected to continue its growth trajectory in the coming years. Factors such as technological advancements, increasing consumer demand for locally grown food, and the need for sustainable agricultural practices are likely to drive market expansion. However, challenges related to initial setup costs, energy consumption, and scalability may need to be addressed to ensure long-term success and widespread adoption of indoor vertical farming systems. In terms of regions, North America and Europe are the major markets.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Indoor Vertical Farming System market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
AeroFarms
Gotham Greens
Plenty
Lufa Farms
TruLeaf
Beijing IEDA Protected Horticulture
Mirai
Sky Vegetables
Metropolis Farms
Urban Crops
Plantagon
Sky Greens
SANANBIO
Jingpeng
Nongzhong Wulian
Vertical Harvest
MetroCrops
Infinite Harvest
Segment by Type
Hydroponic Systems
Aeroponic Systems
Others
Segment by Application
Agriculture
Commercial
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
The Indoor Vertical Farming System report covers below items:
Chapter 1: Product Basic Information (Definition, Type and Application)
Chapter 2: Global market size, regional market size. Market Opportunities and Challenges
Chapter 3: Companies’ Competition Patterns
Chapter 4: Product Type Analysis
Chapter 5: Product Application Analysis
Chapter 6 to 10: Country Level Value Analysis
Chapter 11: Companies’ Outline
Chapter 12: Market Conclusions
Chapter 13: Research Methodology and Data Source
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Indoor Vertical Farming System Market Size Growth Rate by Type: 2018 VS 2022 VS 2029
1.2.2 Hydroponic Systems
1.2.3 Aeroponic Systems
1.2.4 Others
1.3 Market by Application
1.3.1 Global Indoor Vertical Farming System Market Growth by Application: 2018 VS 2022 VS 2029
1.3.2 Agriculture
1.3.3 Commercial
1.3.4 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Indoor Vertical Farming System Market Perspective (2018-2029)
2.2 Indoor Vertical Farming System Growth Trends by Region
2.2.1 Global Indoor Vertical Farming System Market Size by Region: 2018 VS 2022 VS 2029
2.2.2 Indoor Vertical Farming System Historic Market Size by Region (2018-2023)
2.2.3 Indoor Vertical Farming System Forecasted Market Size by Region (2024-2029)
2.3 Indoor Vertical Farming System Market Dynamics
2.3.1 Indoor Vertical Farming System Industry Trends
2.3.2 Indoor Vertical Farming System Market Drivers
2.3.3 Indoor Vertical Farming System Market Challenges
2.3.4 Indoor Vertical Farming System Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Indoor Vertical Farming System Players by Revenue
3.1.1 Global Top Indoor Vertical Farming System Players by Revenue (2018-2023)
3.1.2 Global Indoor Vertical Farming System Revenue Market Share by Players (2018-2023)
3.2 Global Indoor Vertical Farming System Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Indoor Vertical Farming System Revenue
3.4 Global Indoor Vertical Farming System Market Concentration Ratio
3.4.1 Global Indoor Vertical Farming System Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Indoor Vertical Farming System Revenue in 2022
3.5 Indoor Vertical Farming System Key Players Head office and Area Served
3.6 Key Players Indoor Vertical Farming System Product Solution and Service
3.7 Date of Enter into Indoor Vertical Farming System Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Indoor Vertical Farming System Breakdown Data by Type
4.1 Global Indoor Vertical Farming System Historic Market Size by Type (2018-2023)
4.2 Global Indoor Vertical Farming System Forecasted Market Size by Type (2024-2029)
5 Indoor Vertical Farming System Breakdown Data by Application
5.1 Global Indoor Vertical Farming System Historic Market Size by Application (2018-2023)
5.2 Global Indoor Vertical Farming System Forecasted Market Size by Application (2024-2029)
6 North America
6.1 North America Indoor Vertical Farming System Market Size (2018-2029)
6.2 North America Indoor Vertical Farming System Market Growth Rate by Country: 2018 VS 2022 VS 2029
6.3 North America Indoor Vertical Farming System Market Size by Country (2018-2023)
6.4 North America Indoor Vertical Farming System Market Size by Country (2024-2029)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Indoor Vertical Farming System Market Size (2018-2029)
7.2 Europe Indoor Vertical Farming System Market Growth Rate by Country: 2018 VS 2022 VS 2029
7.3 Europe Indoor Vertical Farming System Market Size by Country (2018-2023)
7.4 Europe Indoor Vertical Farming System Market Size by Country (2024-2029)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Indoor Vertical Farming System Market Size (2018-2029)
8.2 Asia-Pacific Indoor Vertical Farming System Market Growth Rate by Region: 2018 VS 2022 VS 2029
8.3 Asia-Pacific Indoor Vertical Farming System Market Size by Region (2018-2023)
8.4 Asia-Pacific Indoor Vertical Farming System Market Size by Region (2024-2029)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Indoor Vertical Farming System Market Size (2018-2029)
9.2 Latin America Indoor Vertical Farming System Market Growth Rate by Country: 2018 VS 2022 VS 2029
9.3 Latin America Indoor Vertical Farming System Market Size by Country (2018-2023)
9.4 Latin America Indoor Vertical Farming System Market Size by Country (2024-2029)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Indoor Vertical Farming System Market Size (2018-2029)
10.2 Middle East & Africa Indoor Vertical Farming System Market Growth Rate by Country: 2018 VS 2022 VS 2029
10.3 Middle East & Africa Indoor Vertical Farming System Market Size by Country (2018-2023)
10.4 Middle East & Africa Indoor Vertical Farming System Market Size by Country (2024-2029)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 AeroFarms
11.1.1 AeroFarms Company Detail
11.1.2 AeroFarms Business Overview
11.1.3 AeroFarms Indoor Vertical Farming System Introduction
11.1.4 AeroFarms Revenue in Indoor Vertical Farming System Business (2018-2023)
11.1.5 AeroFarms Recent Development
11.2 Gotham Greens
11.2.1 Gotham Greens Company Detail
11.2.2 Gotham Greens Business Overview
11.2.3 Gotham Greens Indoor Vertical Farming System Introduction
11.2.4 Gotham Greens Revenue in Indoor Vertical Farming System Business (2018-2023)
11.2.5 Gotham Greens Recent Development
11.3 Plenty
11.3.1 Plenty Company Detail
11.3.2 Plenty Business Overview
11.3.3 Plenty Indoor Vertical Farming System Introduction
11.3.4 Plenty Revenue in Indoor Vertical Farming System Business (2018-2023)
11.3.5 Plenty Recent Development
11.4 Lufa Farms
11.4.1 Lufa Farms Company Detail
11.4.2 Lufa Farms Business Overview
11.4.3 Lufa Farms Indoor Vertical Farming System Introduction
11.4.4 Lufa Farms Revenue in Indoor Vertical Farming System Business (2018-2023)
11.4.5 Lufa Farms Recent Development
11.5 TruLeaf
11.5.1 TruLeaf Company Detail
11.5.2 TruLeaf Business Overview
11.5.3 TruLeaf Indoor Vertical Farming System Introduction
11.5.4 TruLeaf Revenue in Indoor Vertical Farming System Business (2018-2023)
11.5.5 TruLeaf Recent Development
11.6 Beijing IEDA Protected Horticulture
11.6.1 Beijing IEDA Protected Horticulture Company Detail
11.6.2 Beijing IEDA Protected Horticulture Business Overview
11.6.3 Beijing IEDA Protected Horticulture Indoor Vertical Farming System Introduction
11.6.4 Beijing IEDA Protected Horticulture Revenue in Indoor Vertical Farming System Business (2018-2023)
11.6.5 Beijing IEDA Protected Horticulture Recent Development
11.7 Mirai
11.7.1 Mirai Company Detail
11.7.2 Mirai Business Overview
11.7.3 Mirai Indoor Vertical Farming System Introduction
11.7.4 Mirai Revenue in Indoor Vertical Farming System Business (2018-2023)
11.7.5 Mirai Recent Development
11.8 Sky Vegetables
11.8.1 Sky Vegetables Company Detail
11.8.2 Sky Vegetables Business Overview
11.8.3 Sky Vegetables Indoor Vertical Farming System Introduction
11.8.4 Sky Vegetables Revenue in Indoor Vertical Farming System Business (2018-2023)
11.8.5 Sky Vegetables Recent Development
11.9 Metropolis Farms
11.9.1 Metropolis Farms Company Detail
11.9.2 Metropolis Farms Business Overview
11.9.3 Metropolis Farms Indoor Vertical Farming System Introduction
11.9.4 Metropolis Farms Revenue in Indoor Vertical Farming System Business (2018-2023)
11.9.5 Metropolis Farms Recent Development
11.10 Urban Crops
11.10.1 Urban Crops Company Detail
11.10.2 Urban Crops Business Overview
11.10.3 Urban Crops Indoor Vertical Farming System Introduction
11.10.4 Urban Crops Revenue in Indoor Vertical Farming System Business (2018-2023)
11.10.5 Urban Crops Recent Development
11.11 Plantagon
11.11.1 Plantagon Company Detail
11.11.2 Plantagon Business Overview
11.11.3 Plantagon Indoor Vertical Farming System Introduction
11.11.4 Plantagon Revenue in Indoor Vertical Farming System Business (2018-2023)
11.11.5 Plantagon Recent Development
11.12 Sky Greens
11.12.1 Sky Greens Company Detail
11.12.2 Sky Greens Business Overview
11.12.3 Sky Greens Indoor Vertical Farming System Introduction
11.12.4 Sky Greens Revenue in Indoor Vertical Farming System Business (2018-2023)
11.12.5 Sky Greens Recent Development
11.13 SANANBIO
11.13.1 SANANBIO Company Detail
11.13.2 SANANBIO Business Overview
11.13.3 SANANBIO Indoor Vertical Farming System Introduction
11.13.4 SANANBIO Revenue in Indoor Vertical Farming System Business (2018-2023)
11.13.5 SANANBIO Recent Development
11.14 Jingpeng
11.14.1 Jingpeng Company Detail
11.14.2 Jingpeng Business Overview
11.14.3 Jingpeng Indoor Vertical Farming System Introduction
11.14.4 Jingpeng Revenue in Indoor Vertical Farming System Business (2018-2023)
11.14.5 Jingpeng Recent Development
11.15 Nongzhong Wulian
11.15.1 Nongzhong Wulian Company Detail
11.15.2 Nongzhong Wulian Business Overview
11.15.3 Nongzhong Wulian Indoor Vertical Farming System Introduction
11.15.4 Nongzhong Wulian Revenue in Indoor Vertical Farming System Business (2018-2023)
11.15.5 Nongzhong Wulian Recent Development
11.16 Vertical Harvest
11.16.1 Vertical Harvest Company Detail
11.16.2 Vertical Harvest Business Overview
11.16.3 Vertical Harvest Indoor Vertical Farming System Introduction
11.16.4 Vertical Harvest Revenue in Indoor Vertical Farming System Business (2018-2023)
11.16.5 Vertical Harvest Recent Development
11.17 MetroCrops
11.17.1 MetroCrops Company Detail
11.17.2 MetroCrops Business Overview
11.17.3 MetroCrops Indoor Vertical Farming System Introduction
11.17.4 MetroCrops Revenue in Indoor Vertical Farming System Business (2018-2023)
11.17.5 MetroCrops Recent Development
11.18 Infinite Harvest
11.18.1 Infinite Harvest Company Detail
11.18.2 Infinite Harvest Business Overview
11.18.3 Infinite Harvest Indoor Vertical Farming System Introduction
11.18.4 Infinite Harvest Revenue in Indoor Vertical Farming System Business (2018-2023)
11.18.5 Infinite Harvest Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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